Patient Home Monitoring

Patient Home Monitoring Corporation has acquired Patient-Aids, Inc. in Ohio.

Patient Home Monitoring Corporation has acquired Patient-Aids, Inc. in Ohio.

Industry:

Health Care

Patient Home Monitoring Corporation has acquired Patient-Aids, Inc. in Ohio. MNP Corporate Finance Inc. provided financial due diligence services to Patient Home Monitoring Corporation.

Transaction Brief

Patient-Aids, Inc. is a retailer and supplier of durable medical equipment (DME) servicing the Lexington, Kentucky, Northern Kentucky and the Greater Cincinnati area. It has retail locations in Wilder, Lexington and Campbellsville in Kentucky, and in Cincinnati, Ohio.

Patient Home Monitoring (PHM) is an acquisition-oriented, fast-growing and profitable company offering patients with heart disease and other chronic health conditions home-based services in the U.S. PHM is acquiring companies in a highly fragmented and developing market of small privately-held companies servicing chronically ill patients with multiple disease states caused mainly by age and obesity.